'Jeju Casino 14.5 Billion Won Disappearance Case' Main Suspect Caught After 4 Years

Chinese-Malaysian Executive
Arrested in UAE via Interpol Warrant

The main culprit of the "14.5 billion KRW disappearance case" that occurred at a casino in Jeju was caught by the police after 3 years and 11 months.

According to Yonhap News on the 9th, the Jeju Police Agency announced that they arrested and sent to prosecution Lim Mo (58, female), a Chinese-Malaysian executive managing casino funds at Landing Casino within Jeju Shinhwa World, in the United Arab Emirates (UAE) through an Interpol warrant on charges of embezzling 14.56 billion KRW from the VIP safe (violation of the Act on the Aggravated Punishment of Specific Economic Crimes - embezzlement in the course of business).

Lim is suspected of colluding with Wu Mo (41), a Chinese employee of a casino customer recruitment agent company, taking advantage of the chaotic period around January 2020 when the company’s management was replaced, to embezzle 14.56 billion KRW in cash stored in the VIP safe. It was confirmed that there were six participants in total, including three Chinese and one Korean accomplices who assisted the main culprits Lim and Wu.

Jeju Shinhwa World Casino. Photo by Yonhap News

Lim transferred about 8 billion KRW out of the 14.56 billion KRW stored in the VIP safe she managed to Wu’s personal safe, and instructed four accomplices composed of Chinese and Koreans to move the remaining approximately 5 billion KRW to a location in Jeju City where she was staying.

Lim is reported to have largely admitted to the related facts. However, regarding the reason for the crime, she claims, "I embezzled the money at the request of the previous management during the management change period," but has failed to present evidence to prove this.

The police issued an Interpol red notice for Lim, designated her as a key fugitive in February this year, and launched a focused pursuit. After nine months, on November 27, they cooperated with Interpol in the UAE to arrest Lim locally and repatriate her to Korea. The police are tracking the remaining accomplices, including Wu.

The "14.5 billion KRW disappearance case" became public about four years ago, in January 2021. At that time, Ramjeong Entertainment, which operates Landing Casino within Jeju Shinhwa World, confirmed that 14.56 billion KRW stored in the casino had disappeared and filed a complaint with the police against Lim on embezzlement charges.

This content was produced with the assistance of AI translation services.